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Daily | Binance HODLer airdrop launches Babylon (BABY); Aave launches token repurchase mechanism

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Reprinted from chaincatcher

04/09/2025·1M

Compiled by: Jerry, ChainCatcher

Important information:

“What important events have happened in the past 24 hours”

Tether increases its stake in Bitdeer to 22.8%

According to SEC documents, Tether has increased its stake in Bitcoin mining company Bitdeer (Bitdeer) from 21% to 22.8%.

U.S. Senate plans to vote on SEC presidential nominee Paul Atkins

Forbes reporter Eleanor Terrett posted on X platform that the Senate has planned to vote on the adjournment motion for SEC Chairman nominee Paul Atkins tomorrow at 11:30 a.m. (local time). Voting confirmation is his next step in getting the nomination. If the vote is successful, he will conduct a full confirmation vote at the earliest at 7:00PM.

OKX will launch PROMPT (Wayfinder) spot trading

According to the official announcement, OKX will launch PROMPT (Wayfinder) spot trading.

PROMPT Open Recharge Time: 10:00 am on April 9, 2025 (UTC+8);

PROMPT Call Bidding Time Period: April 10, 2025 from 8:00 to 9:00 pm (UTC+8);

PROMPT/USDT Spot Trading Opening Time: April 10, 2025 at 9:00 pm (UTC+8);

PROMPT Open withdrawal time: 6:00 pm on April 11, 2025 (UTC+8).

Strategy may be forced to sell Bitcoin to repay debts

According to Form 8-K filed with the Securities and Exchange Commission (SEC) on April 7, if the price of Bitcoin continues to fall, Strategy may be forced to sell its Bitcoin holdings to repay debts, breaking Michael Saylor's promise that "never sells Bitcoin." In Form 8-K, Strategy mentioned, “Because Bitcoin constitutes the vast majority of assets on our balance sheet, if we are unable to obtain equity or debt financing in time (or simply cannot) on preferential terms, we may be forced to sell Bitcoin to meet financial obligations and may have to sell at lower than cost or other adverse prices.”

Since Trump won the election in November 2024, Strategy has bought 275,965 BTC ($25.73 billion) at an average price of $93,228, and this portion has fallen to $4.6 billion.

According to StrategyTracker data, Strategy currently holds 528,185 BTC, with an average cost of US$67,458 and a value of US$40.119 billion.

Aave launches token repurchase mechanism, with the first month 's repurchase budget reaching US$4 million

Aave’s official governance page shows that Aave DAO has proposed to authorize the Finance Committee (AFC to a $4 million equivalent aEthUSDT to launch the first phase of the Aavenomics repurchase and distribution program to be approved.

The program aims to repurchase AAVE from the open market and distribute it to ecosystem reserves, thereby enhancing governance incentives and protocol health. This initial authorization will support about one month of repurchase operations, while reserve buffering time for future deployment of new Aave Swapper contracts. The complete plan is expected to continue to advance in six months at a pace of up to $1 million per week. The proposal enables AFC to begin the first phase of the repo program, approving $4 million of aEthUSDT for approximately one month of AAVE repo. By setting authorization quotas instead of direct transfers, proposals ensure funds are secure while allowing AFC to efficiently execute repurchases within the scope of governance approvals, helping to steadily advance the implementation of Aavenomics.

US President Trump 's reciprocal tariff policy has officially come into effect

According to Kingshin data, US President Trump's reciprocal tariff policy has officially come into effect.

Binance HODLer airdrop launches Babylon (BABY)

According to the official announcement, Binance HODLer airdrop has now launched the 14th phase project – Babylon (BABY), which supports direct self-hosted BTC staking on the Bitcoin network to enhance the security of the POS blockchain.

From 08:00 on March 7, 2025 to 07:59 on March 13, 2025 (East Eighth District time), users who use BNB to subscribe for guaranteed currency (regular and/or current) or on-chain currency earning products will receive airdrop allocation.

HODLer airdrop information is expected to be launched within 12 hours, and new tokens will be distributed to users' spot wallets at least 1 hour before transactions begin. Binance will list BABY at 18:00 on April 10, 2025 (East Eighth District Time), and will open trading pairs for USDT, USDC, BNB, FDUSD and TRY, and seed label trading rules apply. The BABY recharge channel will be open in 6 hours.

“What are some great articles worth reading in the past 24 hours”

Binance manipulates governance voting? This will be a more dangerous on-chain coup than any hacker attack

This is a governance attack, and it is also an ideal strangle.

Behind WLFI 's selling of ETH: Is there any other plan?

The sell-off may be due to stop loss, cash flow pressure or strategic adjustments. Ethereum's fundamentals are weak, active address growth is stagnant, Layer 2 diversion of value, and institutions are declining, which has led to the wavering of the confidence of big investors.

Meme Popular List

According to the market data of Meme token tracking and analysis platform GMGN , as of April 9, 19:50:

The top five popular Ethereum tokens in the past 24h are: REMUS, 2BLOCK, SPX, 3rdTRUMP, MAGA

The top five popular tokens in the past 24h are: PIPE, BRFC , REMUS AI, McVALUE, SBOOBS

The top five popular tokens in the past 24h Base are: TOSHINME, DRB, VIRTUAL, EURC, PUSSYFART

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